Land Rent Scheme.

2.90 percent per annum
Interest Rate
3.32 percent per annum
Comparison Rate
Total Home Loan Package Variable Special for new owner-occupied home loans over $50,000.*** LVR <90%. Only available in ACT.

Key features.

Great news if you live in Canberra. The ACT Government’s Land Rent Scheme is a more affordable way to own your own home. That’s because you’re buying or building your home on land that’s rented from the government, so you only need a loan just for the building. This makes it way cheaper and faster to own your own home. But it’s only available in the ACT and eligibility criteria and government approval are required. 

Great fixed or variable rate options.

Borrow up to 90% of the value of the security property.1

Four months pre-approval.

We can pre-approve your loan so you can search for your property with confidence.2

Option to redraw.

Withdraw any extra repayments you have made.3


  • Available 1,2,3,4,5 -year fixed rates or variable interest rates
  • Loan term up to 30 years
  • Split your loan. Combine the stability of a fixed rate with the flexibility of a variable rate
  • Flexible principal and interest repayment options
  • Make unlimited additional repayments to your loan when on a variable interest rate, or make up to $25,000 p.a. when on a fixed rate4
  • Annual fee waived on the Low Rate Credit Card.5



Ready to apply?

It’s simple really. Make this home loan yours in as little as 15 minutes with our online application form. 


Not ready to apply?

Have a chat with one of our experienced Land Rent Specialists today. They can meet at your home, work, one of our branches or can chat with you over the phone.


Talk To A Home Loan Specialist

Land Rent Scheme FAQs

ACT Land Rent

The Land Rent Scheme is an ACT Government initiative to increase access to affordable home ownership.  The main purpose of the scheme is to reduce the entry costs and  mortgage payments for homeowners. The scheme is also expected to be used as a means for some people to advance their entry into homeownership, by saving to buy the land outright in the future while paying land rent.

Under the scheme, lessees rent the land from the Government. They are required to pay the Government land rent, calculated on the unimproved value of the block of land.  Lessees are then required to construct a house on the land within two years of the lease being granted.  

The scheme allows a person to lease the land rent block of land on an ongoing basis or to convert the land rent lease to a traditional Crown lease at a later date, effectively  purchasing the land from the Government at that time.  Land rent is not a ‘rent to buy’ scheme.

  • Income threshold: Household income does not exceed $160,000 and increases by $3,330 for each dependent child.
  • Residency: Lessee(s) must reside in the property.
  • Property ownership: Lessee(s) cannot own other real estates (in any other State or Territory in Australia or overseas). 
  • Information session: You must have attended a free information session at the Canberra Institute of Technology – contact CIT on (02) 6207 3188. This session is compulsory.
  • For more information, visit

Only single residential dwellings can be built on land rent blocks.  Units or attached dwellings cannot be built on land leased under the scheme.  Planning and quality controls applying to land rent blocks will be the same as for land held under traditional crown leases.



Lenders' Mortgage Insurance.

With the support of Lenders’ Mortgage Insurance (LMI), Beyond Bank may be able to accept a smaller deposit and provide a home loan to you that might not otherwise be available.

Other products you might like.

Purple Basic Variable Home Loan.

A variable home loan rate for owner-occupied home loans less than 70% LVR.
Find out more

Standard Home Loans.

We give you a premium home loan with a raft of handy extras that makes it easy to purchase your new home or refinance your existing mortgage.
Find out more

Interest rates are current as at 1/07/2021. Interest rates are subject to change without notice. 

*The comparison rate is calculated based on a secured loan amount of $150,000 over a loan term of 25 years. Warning: This comparison rate is true only for the example given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.

***Total Home Loan Package Variable Special is only available to new loans or increases to existing loans when the minimum new borrowing amount is $50,000 and the LVR does not exceed 80% on eligible owner-occupied home loan products. No other discounts will apply to the advertised rate. Offer available for a limited time only and may be withdrawn at any time. This offer will continue until the loan is varied. Parent Equity, Bridging, Land Rent Scheme, Interest Only, multiple security, and Building / Construction loans are not eligible.

Borrow up to 90% of the value of the security property. Lenders' Mortgage Insurance is required where the loan is greater than 80% of the value of the security property. This may vary based on the location of the property.

2 Conditional loan pre-approval is available for a period of 120 days.

Minimum redraw amount is $500. Free redraw in-advance amounts at any time through Internet Banking and Mobile Banking. Fees apply for staff-assisted redraw. An amount equivalent to the next scheduled repayment for the loan cannot be redrawn from the in-advance amount.

4 Unlimited additional repayments available on Variable Rate Loans. Additional repayments over $25,000 per year to a Fixed Rate term will result in a break cost being payable.

Total Home Loan borrowers are eligible to have to Low Rate Credit Card annual fee waived on one card per package. 

All applications for credit are subject to Beyond Bank’s credit assessment criteria. Terms and conditions are available on request. Fees and charges apply. This information is available on our website at, by calling us on 13 25 85 to request a copy or by visiting a branch.

All loans are provided by Beyond Bank Australia Ltd ABN 15 087 651 143 AFSL/Australian Credit Licence 237856. © 2021.

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